Globalstar
GSAT
167 hedge funds and large institutions have $376M invested in Globalstar in 2021 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 62 increasing their positions, 41 reducing their positions, and 25 closing their positions.
624% more call options, than puts
Call options by funds: $16.3M | Put options by funds: $2.25M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
51% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 41
8% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 25
0.02% more ownership
Funds ownership: 1.18% → 1.21% (+0.02%)
1% less funds holding
Funds holding: 168 → 167 (-1)
29% less capital invested
Capital invested by funds: $532M → $376M (-$156M)
Top Buyers
| 1 |
MCM
Mudrick Capital Management
New York
|
+$8.54M |
| 2 |
Goldman Sachs
New York
|
+$2.85M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.83M |
| 4 |
State Street
Boston,
Massachusetts
|
+$1.41M |
| 5 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$1.02M |
Top Sellers
| 1 |
Renaissance Technologies
New York
|
-$6.41M |
| 2 |
BlackRock
New York
|
-$5.69M |
| 3 |
HF
HRT Financial
New York
|
-$4.06M |
| 4 |
Morgan Stanley
New York
|
-$2.89M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$1.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
176
Harbour Investments
Madison,
Wisconsin
| – | -$3K | -127 | Closed |
|
|
RIA
177
RPG Investment Advisory
Pleasanton,
California
| – | -$3K | -113 | Closed |
|
|
TWA
178
TCI Wealth Advisors
Tucson,
Arizona
| – | -$2K | -89 | Closed |
|
|
GWM
179
Geneos Wealth Management
Englewood,
Colorado
| – | -$1K | -67 | Closed |
|
|
PCG
180
Private Capital Group
West Hartford,
Connecticut
| – | -$1K | -58 | Closed |
|
|
PA
181
Parallel Advisors
San Francisco,
California
| – | -$1.1K | -50 | -74% |
|
|
CA
182
Cornerstone Advisory
Hunt Valley,
Maryland
| – | +$66 | +3 | New |
|
|
FWA
183
FSC Wealth Advisors
Fishkill,
New York
| – | +$66 | +3 | New |
|
|
FPS
184
Fieldpoint Private Securities
Greenwich,
Connecticut
| – | +$110 | +5 | New |
|
|
FFWM
185
Future Financial Wealth Management
Cincinnati,
Ohio
| – | +$438 | +20 | New |
|
186
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | +$548 | +25 | New |
|
|
C
187
Covestor
London,
United Kingdom
| – | +$570 | +26 | New |
|
GSAT Hedge Fund Activity: Q4 2021 in Review
167 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Globalstar (GSAT) for Q4 2021, worth a combined $376M — down 29% from $532M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new GSAT positions and 25 closed out — a net gain of 2 holders — while 62 added to existing stakes and 41 trimmed.
The largest buyer was Mudrick Capital Management, adding an estimated $8.54M. The largest seller was Renaissance Technologies, cutting an estimated $6.41M.
- 167 institutional investors held Globalstar (GSAT) as of Q4 2021, down from 168 in Q3 2021.
- Funds reported $376M of Globalstar stock for Q4 2021, down 29% quarter-over-quarter.
- 27 funds opened new Globalstar positions in Q4 2021 and 25 closed out, a net change of +2 holders.
- The largest Globalstar buyer in Q4 2021 was Mudrick Capital Management, an estimated $8.54M added.
- The largest Globalstar seller in Q4 2021 was Renaissance Technologies, an estimated $6.41M sold.
Based on aggregated 13F filings for Q4 2021.